YouConvey is a first of its kind collaborative conveyancing service, set to revolutionise the home moving process by allowing customers to complete admin tasks often assigned to busy conveyancers, with the potential for home movers to reduce the time for their particular transaction considerably by up to 8 weeks. 

YouConvey customers are given access to all the necessary documentation they need to complete on Day 1 of their transaction, allowing them to take control of their conveyancing and bypass unnecessary delays. They are still able to rely on professional support for all the legal aspects of the transaction from regulated conveyancers, but with the added assistance from specialist YouConvey Home Mover Advisors, who will guide them throughout the process and help them feel more engaged.

With the funding from Nova Growth Capital, YouConvey will expand its team by hiring additional employees in its sales and marketing departments, continue with its dedicated marketing plan to meet its monthly targets, and develop the service for a better customer experience, with the overall goal to significantly increase its number of users.

YouConvey has been founded by experienced conveyancing professional, Eddie Goldsmith, who has worked in the industry for over 40 years and recognised the need to update the conveyancing system to make it suitable for the 21st century customer. 

Eddie comments, ”I have worked in the conveyancing sector throughout my career and understand what a stressful experience moving home is. By providing our customers with upfront information and with the help of our Home Mover Advisors, we are looking to improve the customer experience, reduce the timescales of a typical transaction and work better with all the stakeholders involved.

“We’re delighted to have received this next round of investment from Nova Growth Capital, without them we wouldn’t have been able to develop YouConvey from concept to launch as effectively as we have done. We’ve already had extremely positive feedback from customers reaffirming that our service is a much needed one, and I’m excited to see YouConvey grow and go from strength to strength with the support from Nova.”

Olivia Greenberg, Chief Growth Officer at NOVA added, “We’ve been really pleased with the progress that Eddie and our team have made since our initial investment. The market has really responded to YouConvey and this round will allow us to take advantage of all of the great learnings we’ve made from our early users. 

We’ve had fantastic feedback, and have got really exciting plans to further develop the product and streamline the conveyancing and home buying process.” 

The post Prop Tech Start-Up YouConvey Secures Over £300,000 first appeared on Property Insider.

The shift has not yet taken place in the UK, but looking at trends from the US it but in the States three possible models emerged in a matter of days as social media wakes up to what has been called Facebook launched a trial of Dynamic Ads for Real Estate.

Get-to-know your neighbours website Nextdoor – better known for people in local communities to swap stuff, advertise school fundraising events and for local restaurants to advertise – has also launched into the market, and a platform called Punchbowl has released its Modern Stamp product.

This all happened last week.

The flurry of interest has happened after researchers said US realtors spend £26.8bn on advertising a year. So far, almost all of it is going the way of giant portals Zillow and Trulia.

Facebook’s Dynamic ads for Real Estate target Facebook and Instagram users who have already searched for properties on a realtor’s website.

Nextdoor is allowing realtors to create business pages on its platform.

Punchbowl’s Modern Stamp lets agents send messages intended to drive interest and engagement.

However, none of the models sounds quite right for the UK market.

However, Facebook has a strong presence in the UK, while Nextdoor merged with UK equivalent Streetlife earlier this year – and could be the one to watch.

In the States, Nextdoor has launched a dedicated section for people to list their property, while also allowing agents to advertise on business pages.

For the time being, it would seem that Zillow and Trulia (not to mention Rightmove, Zoopla and OnTheMarket) need not feel unduly troubled.

Guest post by Naomi Grant of Property Technology. Property Technology Ltd was founded in March 2016 to provide market leading estate agents with the best technology.

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